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Against Fixed Deposits Loans

AGAINST FIXED DEPOSITS LOANS

Loan amount will be 75%to 85% of the deposit amount. 1.50% over the deposit interest rate will be charged on loan amount. . Interest will be charged @ monthly rests and also interest will be calculated every month on diminishing value of the loan outstanding amount. Loan Due date will be the deposit due date only. If two or more deposits held ,loan interest rate depends on the highest rate of deposit pledged.

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Contact Us

  • Chanakya Multipurpose Mutually Aided Co-operative Society Limited , Prakash Nagar, Rajahmundry, East Godavari Dist, AP.
    Address: H.O: # 74-9-10, Old Andhrabank Building, Prakash Nagar, RAJAHMUNDRY-533 103.

  • Phone: 8333828745

  • Email: CMACS@ rediffmail.com

  • Branch : # 11-1-4, Ramarao Peta, Beside HDFC Bank, Prakasham Street, Near Three Light Junction, KAKINADA – 533102.
  • Phone: 8985212459

  • Email: CMACSKKD@rediffmail.com

  • Tanuku Branch Address: D.no. 33-7-10, Suryalayam Street, Tanuku-534211, W.G.Dt. A.P.

  • Phone: 08819-297008

  • Email: CMACS TNK@ rediffmail.com

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Recurring Deposit Scheme

RECURRING DEPOSITE SCHEME

The scheme is suitable to persons having monthly income. The period is 6 month to 72 months. Interest is quarterly cumulative.